"Taxpayers in Wisconsin are the big winners today," Walker said in a statement. "A typical homeowner will see a $100 reduction in property taxes this year."

Walker wants to use a portion of the state's projected $977 million surplus to fund property and income tax cuts. He introduced a bill in January that would send $406 million to technical colleges to reduce their property tax hit and cut income taxes by $98 million by reducing the lowest bracket from 4.4 percent to 4 percent.

The end result would be a $131 reduction a median home's tax bill this December and $46 in annual income tax savings for the average worker.

Israeli Prime Minister Benjamin Netanyahu warned Tuesday that a proposed agreement between world powers and Iran was "a bad deal" that would not stop Tehran from getting nuclear weapons -- but would rather pave its way to getting lots of them and lea...